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RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of AYI
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Acuity Brands Inc stock upgraded to Hold/Accumulate.
(Updated on Apr 26, 2024)

Hold candidate since Apr 26, 2024 PDF

The Acuity Brands Inc stock price gained 0.171% on the last trading day (Friday, 26th Apr 2024), rising from $251.73 to $252.16. During the last trading day the stock fluctuated 1.31% from a day low at $250.98 to a day high of $254.27. The price has fallen in 6 of the last 10 days and is down by -2.1% for this period. Volume fell on the last day by -56 thousand shares and in total, 188 thousand shares were bought and sold for approximately $47.40 million. You should take into consideration that falling volume on higher prices causes divergence and may be an early warning about possible changes over the next couple of days.

The stock lies in the lower part of a wide and weak rising trend in the short term, and this may normally pose a very good buying opportunity. If the lower trend floor at $249.16 is broken, it will firstly indicate a slower rate of rising, but may also be an early warning for a trend shift. Given the current short-term trend, the stock is expected to rise 9.35% during the next 3 months and, with a 90% probability hold a price between $272.45 and $303.59 at the end of this 3-month period.

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AYI Signals & Forecast

There are mixed signals in the stock today. The Acuity Brands Inc stock holds a buy signal from the short-term Moving Average; at the same time, however, the long-term average holds a general sell signal. Since the longterm average is above the short-term average there is a general sell signal in the stock giving a more negative forecast for the stock. On further gains, the stock will meet resistance from the long-term Moving Average at $259.96. On a fall, the stock will find some support from the short-term average at $250.81. A break-up through the long-term average will give another buy signal, while a fall below the short-term average will add another sell signal and strengthen the general signal. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). A buy signal was issued from a pivot bottom point on Thursday, April 18, 2024, and so far it has risen 2.15%. Further rise is indicated until a new top pivot has been found. Volume fell during the last trading day despite gaining prices. This causes a divergence between volume and price and it may be an early warning. The stock should be watched closely. The stock had a Golden Star Signal on Thursday, September 14, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Buy
Special Signal Notification

Golden Star 12 Months

The stock had a Golden Star Signal on Thursday, September 14, 2023 in the long-term chart.

Golden Star Signal is when the short-term moving average, the long-term moving average, and price line meet in a special combination. This combination is very rare and often followed by long and strong gains for the stock in question.

Support, Risk & Stop-loss for Acuity Brands Inc stock

Acuity Brands Inc finds support from accumulated volume at $252.00 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $3.30 between high and low, or 1.31%. For the last week, the stock has had daily average volatility of 1.93%.

Our recommended stop-loss: $238.60 (-5.38%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 6 days ago.)

Trading Expectations (AYI) For The Upcoming Trading Day Of Monday 29th

For the upcoming trading day on Monday, 29th we expect Acuity Brands Inc to open at $252.47, and during the day (based on 14 day Average True Range), to move between $246.67 and $257.65, which gives a possible trading interval of +/-$5.49 (+/-2.18%) up or down from last closing price. If Acuity Brands Inc takes out the full calculated possible swing range there will be an estimated 4.35% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $252.00 (0.06%) than the resistance at $261.83 (3.83%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Acuity Brands Inc stock A Buy?

Acuity Brands Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

Current score: 0.448 Hold/Accumulate Upgraded

Predicted Opening Price for Acuity Brands Inc of Monday, April 29, 2024

Fair opening price April 29, 2024 Current price
$252.47 ( 0.122%) $252.16

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for AYI

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 255.76 1.43 %
R2 254.50 0.93 %
R1 253.73 0.621 %
Current price: 252.16
Support S1 251.21 -0.377 %
S2 250.43 -0.685 %
S3 249.17 -1.18 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 264.69 4.97 %
R2 264.50 4.89 %
R1 261.83 3.83 %
Current price 252.16
Support S1 252.00 -0.0635%
S2 241.00 -4.43%
S3 240.30 -4.70%

AYI Dividend Payout History


# Declaration Date Ex-Date Pay Date Amount Yield
1 Mar 28, 2024 Apr 16, 2024 May 01, 2024 $0.150 0.0596%
2 Jan 25, 2024 Feb 02, 2024 Feb 14, 2024 $0.150 0.0618%
3 Sep 28, 2023 Oct 17, 2023 Nov 01, 2023 $0.130 0.0801%
4 Jun 28, 2023 Jul 17, 2023 Aug 01, 2023 $0.130 0.0782%
5 Mar 30, 2023 Apr 14, 2023 Aug 01, 2023 $0.130 0.0782%

FAQ

What is the symbol for Acuity Brands Inc Stock and on which exchange is it traded?
The symbol for Acuity Brands Inc is AYI and it is traded on the NYSE (New York Stock Exchange).

Should I buy or sell Acuity Brands Inc Stock?
Acuity Brands Inc holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development. We have upgraded our analysis conclusion for this stock since the last evaluation from a Sell to a Hold/Accumulate candidate.

How to buy Acuity Brands Inc Stock?
Acuity Brands Inc Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Acuity Brands Inc Stock.

What's the current price of Acuity Brands Inc Stock?
As of the end of day on the Apr 26, 2024, the price of an Acuity Brands Inc (AYI) share was $252.16.

What is the 52-week high and low for Acuity Brands Inc Stock?
The 52-week high for Acuity Brands Inc Stock is $272.74 and the 52-week low is $149.30.

What is the market capitalization of Acuity Brands Inc Stock?
As of the Apr 26, 2024, the market capitalization of Acuity Brands Inc is 7.753B.

When is the next earnings date for Acuity Brands Inc?
The upcoming earnings date for Acuity Brands Inc is Jul 04, 2024.
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About Acuity Brands Inc

Acuity Brands Acuity Brands, Inc. provides lighting and building management solutions in North America and internationally. The company operates through two segments, Acuity Brands Lighting and Lighting Controls (ABL); and the Intelligent Spaces Group (ISG). The ABL segment provides commercial, architectural, and specialty lighting solutions, as well as lighting controls and components for various indoor and outdoor applications under the Lithonia Lighting, Ho... AYI Profile

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